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to be leader nancy pelosi because she may have to deliver some democratic votes to get something done. >> reporter: absolutely. pelosi and mcconnell are really going to sort of step into the center stage at this point in time. they are going to be crucial as well as, of course, house speaker john boehner, but really there's going to be a lot of focus right now on the senate because, as you remember, house speaker john boehner tried to get his own bill passed through the house. that didn't happen. he didn't have enough votes, so essentially everything shifts right now to the senate. so harry reid, mitch mcconnell, nancy please elosi on the house to say here are the number of democrats i could get if you offer a compromise package. but this is really a tough situation because there's so little time left and we've already seen the markets impacted by this. so if we do go over the cliff, if you look at the polls, most americans saying republicans will bear the brunt. they will blame republicans, but the bottom line is the president will get a lot of blame as well because this is going to
, the senator from california, the hon. dianne feinstein. >> mr. speaker, nancy pelosi, mrs. bush, harry reid, leader mcconnell, secretary of state hillary clinton and my colleagues in government this is a special day to honor a special person in a special place. for many years i have followed tragedies and victories of this uncommonly courageous and persistent woman. in 1988 she quickly rose to be the voice of democracy in burma creating the lead for democracy, elections followed in 1990 when her party won 80% but that joy turned to tragedy and the the military junta and aung san suu kyi spent 3 decades under house arrest unable to visit her dying husband. in 1996 i recall senator bill cohen approaching with senator mccain to sponsor a burma sanction bill, sanctions were put in place in 1997 and only loosened in july of this year. senator mcconnell became one of aung san suu kyi's chief advocates and we continue to work on behalf of the people of burma. in 2003 following an assassination attempt senator mcconnell and i worked to pass an important man the remains in place today, an effort to
congressional leaders. reid, mcconnell, boehner and pelosi. . joining me to talk more, we have peter alexander standing by at the white house as well as nbc's mike viqueira on capitol hill. some verbal smackdown, basically flipping the lights back on and harry reid taking to the floor to eviscerate speaker boehner. >> the sad part is you often seen the floor opened that way. mitch mcconnell being later today. i'm sure we'll hear something later. to hear it two days after christmas and a matter of days before we go through the fiscal cliff, obviously not encouraging. harry reid says time is running hout. he doesn't know if they could go through the legislative hurdles. if they have the votes around here, they can legislate the sky is green and the grass is blue. that's not an issue. what harry reid is really saying is mitch mcconnell, get on board, don't try to filibuster. of course they're talking about a bill that had raise capital on couples making more than $250,000 a year, and do a few other nuts and bolts that are deemed the bare minimum that the president wants to see done before we hit
and also -- and you can tell me whether this is a dream come true -- what if nancy pelosi and john boehner kind of got together and nancy pelosi told boehner he could bring the votes for his speakership and then maybe together could isolate the tea party section of his group and take away some of the radical left of her group and bring the moderates together, support him for speakership. me, being a democrat, i would not get everything i want, but the republicans would get everything they wanted. by the time re-election came up they would have seen there was a lot of progress made and maybe they could not run primaries on those guys that decided to run to the middle with policy they laid out together. host: thank you for the call. guest: so many things. basically, you are assuming that john boehner would be elected speaker in a democratic house. it is not likely that they would give him their votes. it is far more likely, quite honestly, that the democrats would like to see continued disruption on the republican side. either way there would be a much-weakened speaker or he would be deposed
would give some advice to speaker boehner, he needs to talk to nancy pelosi. when nancy pelosi was speaker, she found a way even with maximum republican opposition to bring her diverse caucus. that is a caucus with diverse views together to get things done like the affordable care act. like dodd frank. she got it done. >> that's great advice, and we hope he listens. >> i hope so. >> thank you so much, my friend. >> my pleasure. >>> let's turn to ryan grim. mr. grim, the jobless are really the only segment of the population who get an immediate hit if we go over the fiscal cliff. doesn't this strike even what appears to be heartless politicians that the people most vulnerable are working class and working poor and middle class people who will get stiffed by this? >> yeah, the jobless have been getting pushed around by congress for years now, you know, ever since the economic crisis. and they implemented some extended emergency benefits they've been getting told that if they give them unemployment it will make them lazy and they will not look for jobs. states have insisted they d
>>> breaking news here. president obama, vice president biden, mcconnell, pelosi and reid and boehner are meeting to discuss the fiscal cliff. we are hearing the president's planning to present a smaller offer. for the latest, we bring in peter alexander from the white house and mike viqueira from capitol hill. peter, let's talk about what's going on at the white house meeting. i hear senators are optimistic about a mini deal which, of course, will raise taxes on those above $400,000. expand the amt, cut some spending. what are you hearing? >> reporter: well, hearing a lot of different things right now. one of the items and ruled by rumor and then denials and frustrations, toure. we know that we saw senators mcconnell and reid arriving a short time ago. we didn't pelosi and boehner arrive yet but the vice president joe biden got here a short time ago, as well. there's other reporting from the hill right now about the potential that the president is going to return to what was basically his original outlined plan. perhaps a smaller plan but a plan where the threshold would
? >> cautiously optimistic. he's exactly right. the only other thing i think could happen is in fancy pelosi, who quite franly has a stronger hand, is able to get enough democrats on her side to actually push this over the top with moderate republicans. let's be honest about this. speaker boehner tried and he nailed. so is there a minority/majority coalition to come together to get something through the house. >> does it come from mcconnell? >> that's the other question is whether or not senator mcconnell plays along. i have a sneak with suspicion he will cautiously play along. he doesn't want to be blamed for this. he as of more moderate. what will they say at this meeting, what sort of stone? conciliatory? or the right saying that he has been trying to roll the republicans, basically saying here is the deal and you better take it? >> i think a lot of democrats or progressives hope he won't be as conciliatory as he's been. that is might do more than that. >> like what? >> i hope there are no further cuts to i doubt that that's the case. he's a very good hand to play. as we know, if the fiscal cl
shot here. now, want to show you the players. president, there in the middle, democrats nancy pelosi and harry reid. republicans mitch mcconnell and john boehner. those four members of congress are expected to make the drive from the capital, which you see on the right, down pennsylvania avenue, to the white house, there on the left. and we expect them to enter through a side door on the west side of the mansion. that's the entrance right there. and they'll meet with the president. in the oval office. beginning, we're told, at 3:00 p.m., less than one hour from now. and just four days ahead of the so-called fiscal cliff. so a very big moment in the nation's capital. and to walk us through what might happen we turn to jessica yellin, a chief white house correspondent. jessica, we said up front, it is a long shot, give us a best case scenario. >> reporter: the best case scenario would be that all the leaders walk out of this meeting and say they have a deal. the two senators say they can bring it to a vote, and none of their members will filibuster it. house speaker john boehner says h
. and leader nancy pelosi with the number of votes needed to pass. >> what folks are looking for and all of us agree on this is action. they want to see that we are focused on them, not focused on our politics here in washington. >> reporter: that was the last time this group met more than a month ago. with time running out to forge a scaled-down compromise, can they agree on even the most basic elements, extending some income tax cuts, preventing pay cuts to medicare providers, fixing the alternative minimum tax. among the options to gain votes, averting an estate tax hike toll woo republicans. there's still time but no room for error. if congress doesn't act -- >> the impact psychologically and financially on americans of another plunge in the negative territory for the economy would be extremely harmful. >> reporter: and candy, as i said, those leaders are still meeting with the president. we'll see if any of them come out and speak to us after that meeting breaks up as soon as we have any word on whether there is an agreement, we'll bring it to you. >> jessica, it's interesting to me the p
in a manner worthy of her ideals. nancy pelosi initiated the measure of awarding this metal and republican george w. bush signed into law. his wife, former first lady laura bush, is with us today, as is her predecessor, secretary of state hillary clinton. coming together in mutual respect, a step from the chambers where we passionately debate the issues of the day that has become almost second nature to us. but it is a blessing, and we will hear over and over during the course of this ceremony, aung san suu kyi has shown the world just how hard one it really is. on behalf of the congress, let me express how humble and honored we are by your presence here in the rotunda of the united states capitol. >> ladies and gentlemen, please stand for the presentation of the callers by the united states armed forces color guard, the singing of our national anthem, and the retiring of the colors. ♪ ♪ ♪ oh say can you see by the dawn's early light, what so proudly we hail at the twilight's last gleaming, whose broad stripes and bright stars, through the perilous fight, o'er the ramparts we watche
that was actually nancy pelosi's solution which was to raise taxes on those earning a million dollars or more. not one democrat agreed to vote for it. >> let's talk about that plan "b." it was not successful. hastert had some unkind words saying i don't want to be critical of john, but you don't ever bring something to the floor if you don't have the votes. so congressman, did the speaker miscalculate and do you think he'll be challenged for the speakership when the new congress convenes? >> no, he's not going to be challenged for the speakership. he didn't bring it to the floor. he decided not to bring it to the floor. but he could have brought it to the floor if they had even 30 democrats willing to say i'll do what nancy pelosi said we should do. and that plan "b" would have passed. it would have demonstrated we were willing to put revenue on the table and got the wheels greased a little bit for a negotiation. >> john harwood tweeted this. he said gop house members and colleagues, i blame most of this on a block of about 50 members who have the political judgment god gave a goose. do you t
connell and representatives boehner and pelosi were in the white house. clearly we all know what's going on. what happened? how did that play out? how did that discussion go? did president obama say either you come up with a deal or put my deal to a vote? because we're not going to come together ideologically at that meeting. >> no. and they're not unrealistic about that. the president lays out what he thinks he can get done, which is this 250 and, you know, whether there's wiggle room up to 400 and now that might not even happen, maybe, is what kevin is saying. and then unemployment benefits, an extension of that, and, you know, patch the amt. these are things he wants. and, you know, senator mcconnell, what can you do is, you know, the understanding of how this plays out. and senator mcconnell -- you know, they say, listen, we're going to take it up between us. let senators reid and mcconnell really resolve this together. and those are, as i said, two men who know how to work things out. speaker boehner stepping out of it at this point because he has not been able to produce a deal to date and it's not
of the democrats were going to join. >> that's an unreasonable standard. >> he's not negotiating with nancy pelosi. he's negotiating with the president of the united states trying to work this deal out and certainly it's become a discussion with nancy pelosi and it's not, it's a discussion with the president of the united states in term of trying to work this through and where does he have to turn? he has to turn back to the principles in this negotiation and that's what he's done. >> but i believe he could have passed his plan b if he hadn't gone with the $20 million cutoff and he'd moved toward the center and that had been under discussion with a $400,000 cut off or a $500,000 cut off for the tax cuts to go into effect and the tax increases above that figure to go into effect and he didn't try to go into the center and he locked himself into an impossible situation where he couldn't get 218 votes in his own caucus and that was a failure of leadership. >> martin frost, david winston, ten seconds. you have ten seconds to respond. >> i'm sorry, but you're asking him to take the democratic position
of that meeting. reid said that he found the meeting to be constructive as well as did nancy pelosi. speaker boehner seemed to have a slightly different take, basically saying, look, we've already passed legislation in the house to deal with the sequester, to deal with some of these issues so why not revisit what was passed in the house? but the bottom line is the words that are coming out of this meeting, constructive, optimistic. there seems to be a little bit of movement. you always hesitate to say that because, of course, these talks could become derailed at any minute, but president obama set to address the press and the nation hopefully to give us a little bit of a better sense of how that meeting wrapped up. >> kristin, how do we square the sense of optimism and everyone saying that the talks were constructive when they're still stuck on the same points? if this hasn't moved on from $250,000 a year? >> reporter: correct. it's a very good point, and so the question is what can leader reid do, mitch mcconnell do within the next 24 hours to basically put together a compromise package? i
departure, the president called all four congressional leaders, reid, mcconnell, boehner and pelosi. now fiery words after reid hit boehner with volley after volley from the senate floor earlier today. >> if we go over the cliff and it looks like that's where we're headed, mr. president, the house of representatives as we speak with four days after today aren't here with the speaker having told them they'll have 48-hours notice. i can't imagine their conscie e consciences. >> speaker boehner's office responding with a terse statement saying in part, quote, senator reid should talk less and legislate more. the house already passed legislation to avoid the entire fiscal cliff. senate democrats have not. joining me now from d.c. nbc news white house correspondent peter alexander. peter, there was word the last hour that the president may have sent some sort of deal. the white house then turning around saying that's not true at all. where was the confusion? >> reporter: well, you hear the frosty statements back and forth as you just indicated there, craig. ah, the holidays in washington. a
speaker pelosi had the bill to fund the iraq war. our democratic caucus wasn't in support of that. nonetheless she put a bill on the floor where we had to fund the iraq floor. she did it because it was in the best interest of the american people. at the end of the day speaker boehner who is the speaker of the whole house has to do what is in the best interest and let the will of the house take its call. he has to move forward on this. you can't put the blame on the president. we need to go back to the speaker. >> republican congressman said this of john boehner's leadership today. >> the reason that boehnjohn bo has trouble isn't a lack of leadership, it is because he lets people participate which wasn't the case in the past. >> do you think this is true and what other options does boehner have to reach a compromise with the president? >> i think he is right. whenever you had whether nancy pelosi with his caucus or speaker boehner you have a lot of cats to herd. on these issues you have cats going different ways. the speaker may say one thing publicly and every member of congress
. [applause] >> mr. speaker, leader pelosi, senator mcconnell, senator reid, i would like to thank the speaker who allowed us to have this event, and speaker pelosi. between the both of you, we had bipartisan working together. thank you very much. i am very proud to be here. we are here today to recognize a legend. a legend, a giant amongst golfers throughout the world. arnold palmer'lf one history will eve remember, and all of us can go back and look. he has set an example for many individuals who aspire to become doctors or professional golfers, because it was not just about winning the golf tournament. it was also about giving back to our communities. and, arnold, not only is applauded come up at caring individual for is family. he set an example for many individuals who want to get into the game of golf, who want to be role models. he is my champion. he is my role model. not just because he won the u.s. amateur in 1954 and not just because he won a total of 92 professional events, including four wins at the masters, two wins at the british open, one at the u.s. open. not only because he pl
boehner and nancy pelosi. if they can't work this out and we go over the cliff it means smaller pay checks automatic spending cuts and according to some economists possibly another recession. molly henneberg tracking developments tonight at the white house. what are you hearing? >> hi, harris. senate republican leader mitch mcconnell confirmed it and the white house made it official. there will be a hearing here tomorrow according to a white house aide. it will be on the schedule that the president will talk fiscal cliff with those four top congressional leaders that you mentioned, harris. the president returned to washington today. he cut his hawaiian vacation short to get back to the white house for any possible last minute fiscal cliff meetings and it appears there will be one tomorrow. harris? >> well, what kind of response is the president getting from lawmakers at this point? >> well, senate republicans say they are willing to listen to any ideas the president has as to how to find a way forward. here is more. >> last night i told the president we would be happy to look at whatever h
. the president, john boehner, nancy pelosi, harry reid, mcconnell, you don't need his support because the democrat controlled center. it is a sit doesn't have a -- >> mcconnell is very important because in the senate, you need a super majority to pass. a reason why i think if there's some kind of a deal, and i'm not that optimistic, why it has to start in the senate is you need republicans to buy in, even a little bit, in order to send any measure to the house. so by definition, to get 60 votes, you need republicans on it. that's enough to call whatever the deal is, bipartisan, which may make it easier on the house. as i said, i'm not that optimistic. >> trace: why are you not optimistic? >> part of it is structurele. house members got back at 6:30 sunday night. what if the bad weather comes that's predicted. unless a framework is hammered out that people could agree to, even a stopgap measure, there's not a lot of hours left to get everything down. a realistic deadline is january 3, none, when the new congress comes in because as we just heard, the impact of the fiscal cliff in terms
that reid and mcconnell can come up with some type of proposal, and working with pelosi in the house, to see what's realistic to get through the house. if there is a vote in the senate. if it makes its way through the senate, the calculation, house republicans would feel a fair amount of pressure to vote this into law. why? because of the dead line? it would have gotten support in the senate. in an effort, it's boxing republicans in. will it work? we'll have to see. part of the calculation, if there is a piece of legislation will make it through the senate, the house will be responsible for voting this down at a critical time and ramp up the pressure to get something done. we'll have to see if that calculation works or even if reid and mcconnell can come up with a plan they think can make it through the senate. a lot of question marks still. >> still. three days away, and we didn't know sth was co know it was coming is what it's like. thank you, kristen. >> let's turn to jon harwood. sir, no more big deal. is this a little deal? we'll have to do something else in a month or two. what is this
, speaker boehner, nancy pelosi and senators reid and mcconnell. he urged them to extend jobless benefits. we can deal with cuts to defense and domestic programs later. but let's take care of the middle and working class right now. give them assurance right now. joining me is congressman chief ellison. he's co-chair of the progressive caucus and melissa harris perry, host of the melissa harris perry show here on msnbc. thank you both for coming on the show. >> thank you, al. >> congressman, let me go to you first, this deal comes down to taxing the rich. how can they not realize this is what the country wants? >> i don't think that the republican leadership cares what the country wants. i think they care about what their biggest donors want and their big donors want to reorganize america so that -- because they believe that the rich don't have enough money and the poor have too much. so what we're hearing here is an expression of an et you logical idea that we need american society to be cost competitive with places like china. that means giving rich people even more money. and we're not
of reid and pelosi. nbc news has learned that a previous offered made by the president, the one that involved a tax increase for only those earning more than $400 is off the table. advisers say that was part of a bigger proposal that speaker boehner did not accept. it looks like the current proposal goes back to raising taxes on those who make more than $250,000. the proposal known as plan b didn't work. it will remain to be seen if the smaller plan will. either way the countdown to the if you year could be very costly. >> i'm hopeful that a deal will avoid the worst parts of a fiscal live cliff. >> the tax increases need to be averted, avoided. they can be. i think in the end we'll get a deal. the question is the timing of that. >> according to administration officials, senior white house staff will hold a conference call with some of the country's top business leaders within the half hour to brief them on negotiations. we're told the president will not be on that call. live in the newsroom, keith russell, news4. >>> stay with us. coming up at 50:30, we'll break down the immedi
minority leader mitch mcconnell. harry reid and nancy pelosi were there. steve chenevey live on capitol hill right now. >> that meeting at the white house lasted just a little more than an hour. they started at 3:10 and were done by 4:15. no major decisions were made. president, reportedly telling congressional leadership, if you do not have a better plan than i do by now, we need to get to voting on my plan. the clock is still ticking in advance of monday night's deadline. frustration being felt not just inside the capitol, but i constituents outside as well. >> i am a little worried about the future as well, for my kids mostly. >> it is a popular thought outside the capital. >> there is an understandable frustration. >> chris van hull and is hopeful a deal can be reached by tuesday, although it will likely be a smaller deal that addresses only the major parts of the fiscal cliff from taking effect. >> we have got to get on a larger agreement, to make sure we sustained a very fragile economy, tried to get it to move faster, and deal with the long- term deficit. >> those decisions may n
. caller: what if nancy pelosi and john boehner got it together, and nancy pelosi told john boehner that if he could bring votes for his speakership, and they could maybe together isolate the tea party section of his group and then kind of take away the radical left of her group and bring the moderates together, support him for speakership? now, we would not get everything that i want, but also the republicans would not get everything they wanted, and by the time elections came up, they would see there is a lot of progress made, and maybe they could not run primary on those guys that are decided to go to the middle with nancy pelosi and that are together. host: thanks for the call. guest: don, you are suggesting that john boehner would be elected basically as a democratic speaker. it is not likely they would give him the votes. it is far more likely, quite honestly, that they would like to see some continued disruption in, let's say, in the force in the republican side, and john boehner would be a much weakened speaker, where he would be deposed, and they would have to find someone
mitch mcconnell, house speaker john boehner and house democratic leader nancy pelosi met at the white house yesterday afternoon with the president and vice president. here's where things stand right now. the senate leaders are meeting aiming to avoid tax hikes. and they may vote on a deal sunday or perhaps on monday. jessica yellin is our chief white house correspondent. lisa day jar dayne is on capitol hill. the president used his bully pulpit to reinforce the idea that senators need to get busy. so let's listen. >> the american people are watching what we do here. obviously, their patience is already thin. this is deja vu all over again. america wonders why it is that in this town for some reason, you can't get stuff done in an organized timetable, why everything always has to wait till the last minute. we're now at the last minute. and the american people are not going to have any patience for a politically self-inflicted wound to our economy. not right now. >> so jessica, you were in the room for the president's remarks. on a scale of 1 to 10, let's measure the anger perhaps that
nancy pelosi to produce the huge number of democrats needed to pass it. but if that plan falls through -- >> then i will urge senator reid to bring to the floor a basic package for an up or down vote. >> the president's basic package has much more for democrats to like. so don't expect that to get very far. but all sides now agree the senate must first pass a bill before the house makes any kind of move. so all eyes will be on mitch mcconnell and harry reid and their negotiators holed up on capitol hill. the senate comes back into session at 1:00 on sunday. >> jessica yellin, thanks. >>> and with the pressure now squarely on the senate to fix the fiscal cliff, they will lead the talks this weekend. a period of time reid calls, quote, very important, mcconnell says he's hopeful both sides will have a plan to present to their respective members as early as tomorrow. and other republican and democratic senators are underscoring the importance of reaching an agreement soon. >> if we don't have a deal within the next 24 hours, the question is, where do you buy a parachute? looks like we'll
pelosi, chuck schumer, they are not going to cut spending. >> sean: how about the republicans? >> i hope the next time the republicans don't get rolled like they will be rolled the next 48 hours. >> sean: in one sense, joe, i got to give your president a lot of credit. he went out there, went out campaigning. he does a really good job blaming the republicans. he was able to frame the debate about taxes against the rich. not on his reckless spending. as a politician, he is pretty -- he is pretty amazing. in terms of governing, he is horrible. this is not good long-term for this country. >> well, look, the president was very clear in two campaigns now about raising taxes on the top 2%. he was clear. and he and romney had that thing -- had that out. and he won on that platform, sean. i mean he fair and square he won on it. and he is going to make -- >> sean: so if the republicans. >> 2.5 in spending cuts. right now it is one-to-one or less. he didn't keep his promise on that he, joe trippi and you know it. >> 2.5 to one. >> there was a trillion dollars in cuts already that he agreed to when
said he made phone calls last night to speaker boehner and house minority leader nancy pelosi, as well as senator reid and his opposite number, minority leader mitch mcconnell. but today, mcconnell gave no indication of movement. >> last night i told the president we'd be happy to look at whatever he proposes, but the truth is we're coming up against a hard deadline here, and as i said this is a conversation we should have had months ago. and republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> reporter: adding to the urgency, treasury secretary timothy geithner warned he'll have to begin taking "extraordinary measures" to postpone a government default. the government is on track to hit its borrowing limit on monday, he said with no prospect of congressional action to raise the limit. here now to help us unravel what's going on is todd zwillich. he's washington correspondent for "the takeaway" on public radio international. todd, welcome back. decode this for us. are the players privately a
conference, it came after president obama met with john boehner and nancy pelosi and harry reid and mitch mcconnell, so all the key congressional leaders. and listen to the president here. >> the american people are watching what we do here. obviously, their patience is already thin. this is deja vu all over again. america wonders why it is that in this town for some reason, you can't get stuff done in an organized timetable. why everything always has to wait until the last minute. well, we're now at the last minute. and the american people are not going to have any patience for a politically self-inflicted wound to our economy. not right now. i just have to repeat. you know, outside of washington, nobody understands how it is that this seems to be a repeat pattern, over and over again. ordinary folks, they do their jobs. they meet deadlines. they sit down and they discuss things and things happen. if there are disagreements, they sort through the disagreements. the notion that our elected leadership can't do the same thing is mind boggling to them. and needs to stop. >> i just have to repea
minority leader mcconnell, speaker boehner, and leader pelosi at the white house. senate majority leader harry reid took to the senate floor this morning to, shall we say, let boehner have it. >> if we go over the cliff, and it looks like that's where we're headed, mr. president, the house of representatives as we speak, with four days left after today before the first of the year aren't here with the speaker having told them they'll have -- they'll give them 48 hours' notice. the american people i don't think understand the house of representatives is operating without the house of representatives. it's being operated with a dictatorship of the speaker, not allowing the vast majority of the house of representatives to get what they want. >> lo and behold, the markets started to tank, in part on fears of reid's warning that it looked like we were going over the cliff. within an hour word came that the house would return to washington and be in session on sunday at 6:30 p.m. boehner repeated his assertion that the senate would pass the two bills that the house has already acted on and inc
, and pelosi tomorrow? >> reporter: that's the most festive image we have seen come from washington, d.c., is the president with his cute dog outside the rose garden, but frankly, karen, the political paralysis still exists here right now. there were reports earlier today that you noted coming from the hill, scott brown among others saying the white house was sending up a new proposal. the white house says that's certainly not the case. there were reports the white house was inviting all four congressional leaders here to the white house for a private meeting tomorrow to try to push this thing through to avert the fiscal cliff. the white house says as of this moment there is no meeting scheduled for tomorrow. we sort of remained where we were when the president first arrived here. in the eyes of the white house it's in the hands of the republicans at the capital, up to mitch mcconnell not to filibuster a bill already there and up to john boehner to allow a vote in the house. >> peter, publicly obviously we're seeing a lot of back and fort between republicans and democrats, but privatel
and house democratic leader nancy pelosi.at the white house for about an hour today. he said the meeting was good and constructive. but expressed his frustration for the american people with waiting until stories... >> america wonders why you cannot get things done in this town in an organized timetable. why does everything have to wait until the last minute? now, we are at the last minute. the american people are not going to have many patients for a self-inflicted wound to our economy. >> reporter: coming up at 5:30 we'll have more from the president. and our political analyst michael yaki will give us his take on today's developments. >> catherine: there's rain on the way this holiday weekend. this is a live look from our camera on mount tam. and a look at downtown san francisco. i'm here in the weather center with jacqueline bennet -- where is the wet weather? >> jacqueline: we are still getting some return on the radar but it is still too dry for the rain to hit the ground. it will be moving and later. as we see this offshore and wider on the satellite & radar toward the tail end of
congressional leaders left here. other than house minority leader nancy pelosi i'm now hearing senate majority leader harry reid has joined her in making comments back at capitol hill. we'll let you know what they say as soon as that is transmitted to us. there are other directed comments they made little progress something they have been saying after the meetings the last few months. adam? >> we're looking to turn around reid's comments so we all can hear them. when you talk about the president he is up-or-down vote, someone referred to this as plan-c. is this the offer you reported on a while back where he would move the bottom line tax increase to 400,000 for the upper incomes as opposed to 250,000? is that on the table. >> we don't know if that is the specifically the offer on the table. it started at president's opening offer 250. you could see a pathway forward to raise the threshold up to 400, $500,000 a year, any amounts below that don't get tax increase. any amounts above that get tax increase. end of the year fixes preventing medicare doctors getting large pay cut. amt fix, prevents
me whether this is a dream come true -- what if nancy pelosi and john boehner kind of got together and nancy pelosi told boehner he could bring the votes for his speakership and then maybe together could isolate the tea party section of his group and take away some of the radical left of her group and burn the moderates together, support him for speakership. me, being a democrat, i would not get everything i want, but the republicans would get everything they wanted. by the time re-election came up they would have seen there was a lot of progress made and maybe they could not run primaries on those guys that decided to run to the middle with policy and later together. host: thank you for the call. so many things. basically, you are assuming that john boehner would be elected speaker in a democratic house. it is not likely that they would give him their votes. it is far more likely, quite honestly, that the democrats would like to see continued disruption on the republican side. either way there would be a much-weakened speaker or he would be deposed. host: agree or disagree? guest:
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